Governor Cuomo Announces Ribbon Cutting of $16 Million Lofts at University Heights in Buffalo
Governor Andrew M. Cuomo today announced the ribbon cutting for The Lofts at University Heights in Buffalo. The $16 million Better Buffalo Fund project repurposed a vacant 73,000-square-foot public school building into 44 loft apartments. The Lofts are available to working families, including residents working in the city’s downtown area or employed at the Buffalo Niagara Medical Campus. The Better Buffalo Fund is a vital component of the Buffalo Billion initiative and through two rounds of the program, the fund has awarded more than $20 million to 35 projects. These projects are renovating more than 450 residential units and more than 190,000 square-feet of store front and commercial space, while also leveraging over $223 million in private investment in the City of Buffalo. Round three applications are now being reviewed and awards will be announced this spring.